RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY Charity Report

Public IRS 990 nonprofit record

RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY

EIN 13-2673756 · Education (B500)

What they do

to PREPARE STUDENTS for THE RABBINATE and to ISSUE THE TRADITIONAL CERTIFICATE of ORDINATION IN CONNECTION THEREWITH. THE SEMINARY is AUTHORIZED to CONFER THE DEGREE of MASTER of HEBREW LITERATURE (M.H.L.), DOCTOR of HEBREW LITERATURE (D.H.L.), MASTER of RELIGIOUS EDUCATION (M.R.ED.), and DOCTOR of RELIGIOUS EDUCATION (D.R.ED.), IN CONFORMITY WITH RULES of THE BOARD of REGENTS of THE UNIVERSITY of THE STATE of NEW YORK and THE REGULATIONS of THE COMMISSIONER of EDUCATION of THE STATE of NEW YORK for THE REGISTRATION of INSTITUTIONS of HIGHER EDUCATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.58%of revenue went to mission work87.8% of expenses · Program services

0.64%of revenue went to fundraising0.6% of expenses

$104.25spent for every $100 of revenueSpending was higher than revenue this year.

12.03%of revenue went to management and office costs11.5% of expenses

$6.46in assets for every $1 spent this yearSome assets cannot be spent right away.

32.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $892,195 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $254,896 for RABBI ARYEH LEBOWITZ (DEAN/DIRECTOR SEMIKHA). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$20,973,222

Mission workProgram services$19,207,88791.58% of revenue87.8% of expenses

ManagementOffice and general costs$2,523,86012.03% of revenue11.5% of expenses

FundraisingAsking for donations$133,6700.64% of revenue0.6% of expenses

Total expenses$21,865,417104.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.8% mission · 11.5% management · 0.6% fundraisingTotal expenses: 104.25% of revenue

2023Expense mix: 86.4% mission · 12.8% management · 0.9% fundraisingTotal expenses: 103.48% of revenue

2022Expense mix: 85.0% mission · 14.2% management · 0.8% fundraisingTotal expenses: 78.85% of revenue

2021Expense mix: 83.8% mission · 15.4% management · 0.8% fundraisingTotal expenses: 58.97% of revenue

2020Expense mix: 86.0% mission · 13.1% management · 0.8% fundraisingTotal expenses: 72.20% of revenue

2019Expense mix: 83.8% mission · 15.1% management · 1.0% fundraisingTotal expenses: 101.42% of revenue

2018Expense mix: 86.8% mission · 13.0% management · 0.3% fundraisingTotal expenses: 75.58% of revenue

2017Expense mix: 83.5% mission · 14.4% management · 2.1% fundraisingTotal expenses: 118.48% of revenue

Money in and money out

Revenue$20,973,222

Expenses$21,865,417

Annual shortfall $892,195 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$19,207,887 · 87.8% of expenses

Management and office costs$2,523,860 · 11.5% of expenses

Fundraising$133,670 · 0.6% of expenses

See all reported dollar amounts

Revenue$20,973,222

Expenses$21,865,417

Assets$141,194,082

Income$28,174,881

Contributions$6,777,200

Mission work (program services)$19,207,887

Fundraising$133,670

Grants given$1,183,500

Average grant$17,152

Management and general$2,523,860

Stocks and bonds$45,716,673

Accounting fees$64,150

Investing fees$704,397

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RABBI ARYEH LEBOWITZDEAN/DIRECTOR SEMIKHA · 35 hrs/week $254,896Base $148,835 · Other $106,061

RABBI MARC PENNERFORMER DEAN EMERITUS/DIRECTOR · 10 hrs/week $248,356Base $133,658 · Other $114,698

RABBI RONALD SCHWARZBERGPROGRAM DIRECTOR · 35 hrs/week $243,756Base $135,862 · Other $107,894

RABBI EZRA SCHWARTZPROGRAM DIRECTOR · 35 hrs/week $198,851Base $100,807 · Other $98,044

RABBI JOSHUA FLUGDIRECTOR - TORAH RESEARCH · 35 hrs/week $166,489Base $68,521 · Other $97,968

RABBI LAWRENCE ROTHWACHSPROGRAM DIRECTOR · 35 hrs/week $146,877Base $92,911 · Other $53,966

RABBI JACOB TAUBESPROGRAM DIRECTOR · 35 hrs/week $145,586Base $93,408 · Other $52,178

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

RABBI ARYEH LEBOWITZDEAN/DIRECTOR SEMIKHA

RABBI MARC PENNERFORMER DEAN EMERITUS/DIRECTOR

RABBI RONALD SCHWARZBERGPROGRAM DIRECTOR

RABBI EZRA SCHWARTZPROGRAM DIRECTOR

RABBI JOSHUA FLUGDIRECTOR - TORAH RESEARCH

RABBI LAWRENCE ROTHWACHSPROGRAM DIRECTOR

RABBI JACOB TAUBESPROGRAM DIRECTOR

MOSES MARXTRUSTEE

MICHAEL D SCHREIBERVP BUSINESS AFFAIRS - CFO

MOSHAEL J STRAUSTRUSTEE

NAHUM FELMANTREASURER/TRUSTEE

RABBI AARON WALFISHTRUSTEE

RABBI DANIEL TURKELTRUSTEE

RABBI DR ARI D BERMANPRESIDENT/TRUSTEE

RABBI SHIMON LAUFERTRUSTEE

RABBI SHIMON WOLFTRUSTEE

RABBI SOLOMON F RYBAKTRUSTEE

SAMUEL SHAPIROTRUSTEE

HENRY ORLINSKYTRUSTEE

ANDREW J LAUERVP/GENERAL COUNSEL

BINYAMIN KAMINETZKYTRUSTEE

CARMI SCHWARTZTRUSTEE

CHAIM H WIETSCHNERTRUSTEE

DANIEL E POSNERTRUSTEE

DR DAVID ARBESFELDTRUSTEE

DR FELIX L GLAUBACHTRUSTEE - DECEASED DEC 2024

ELLIOT GIBBERVICE CHAIR/TRUSTEE

ALAN E GOLDBERGTRUSTEE

HOWARD JONASTRUSTEE

IRA MITZNERTRUSTEE

JOEL M SCHREIBERCHAIR EMERITUS/TRUSTEE

JULIUS BERMANCHAIR EMERITUS/TRUSTEE

KENNETH A ZITTERTRUSTEE

LANCE HIRTBOARD CHAIR/TRUSTEE

MARVIN S BIENENFELDTRUSTEE

About this charity

Recognized since: January 1973
Location: 2540 AMSTERDAM AVE, NEW YORK, NY 10033-2807
County: New York
In care of: % ALAN KLUGER
Primary officer: ALAN KLUGER, DIRECTOR OF TAX

How to reach them

WebsiteVisit the charity’s website Phone(646) 592-4005

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Education (B500)
Grant-giving organization: Yes